Select the incorrect statement/statements about the co−operative banks in US from the given choices, using the code given below : 1. Co –operative banks are small−sized units organized in the co−operative sector, which operate both in urban and non−urban centers. 2. They are regulated by the RBI, Banking Regulation Act, 1949 and Banking Laws (Co−operative Societies) Act, 1965.
Q: M/c question - Micro 19) Refer to Figure 14-3. When the price is P2 and the firm maximizes its prof...
A: The firm makes the zero economic profit where the price is equal to the average total cost.
Q: Draw a perfectly price inelastic demand line. Then draw a supply increase. was affected more, price ...
A: A inelastic demand curve represent a demand that is not much responsive to change in the price of th...
Q: Solve and discuss the following income determination model: Y, =C, +1,C, =300+05y, +0.4y,-1 I, = 200...
A:
Q: Refer to Figure 8-6. If the tax is imposed on the buyer, what price would the sellers receive for th...
A: The equilibrium in a market occurs at the point of intersection of the demand and the supply curves....
Q: Suppose that a firm produces wool jackets in a monopolistically competitive market. The following gr...
A: Both monopoly and monopolistic competitive market earn zero economic profit in the long run because ...
Q: Which province has the highest union rate in Canada? Newfoundland and Labrador Nova Scotia Ontario Q...
A: When talking about union rate in Canada, there are different provinces that holds different share of...
Q: is the singlé most important source of productivity. Current saving O Equity Technological advanceme...
A: Productivity in economic terms is the measure of output per unit of input. The units of input and ou...
Q: Suppose that there are two firms in a market, firm 1 and firm 2. The market is declining in size. Th...
A: Introduction Initially there are two firms in the market. The game will start at period 0 and goes o...
Q: Canada's progressive income tax system results in a more equal after-tax distribution of income when...
A: Tax refers to the compulsory charge taken by the government of the country from individuals without ...
Q: Consider the economy of Prometheus represented by the following informati Marginal Propensity to Con...
A: Given Marginal propensity to consume =0.5 Net tax rate =0.1 Autonomous investment =200
Q: Superiority of Robbins' Definition of economics is rightly called the "Superiority of Robbins' Defin...
A: Economics is this same social science that studies how products and services are produced, distribut...
Q: What are the Fundamental Problems Facing an Economy in any nation or society? Need five strong 5 poi...
A: Answer: We can deduce the following essential challenges that the economy must address from the defi...
Q: nation's ability to produce a product more efficiently than another country is referred to as global...
A: When the two countries are open to free trade there are always gains from trade.
Q: 2. Find Hicksian demand by duality for utility function: u(x1,x2) = 2/x, + 4/x2
A: Total utility means the level of satisfaction that a consumer gets by consuming the different units ...
Q: What if the Global Strategy to Reduce the Harmful Use of Alcohol is achieved? 2. What if the Global ...
A: Helath is vey important for human capital . And compromising with this lead to loss of life of itsel...
Q: Explain how an increase in oil prices will accelerate transition to a backstop technology.
A: A backstop technology is a new technology that produces a near counterpart for an exhaustible resour...
Q: Many changes are affecting the market for oil. For example, Cars are becoming more fuel efficient, a...
A: When talking about oil market, it can be seen that the demand is the highly consumed resource as it ...
Q: A value of a car of AED 200,000 in 2020 is NOT the same as the value of the same car of AED200,000 i...
A: Value of car in 2020 definitely is not the same as the value of the same car in 2010 because of the ...
Q: Burger King is a monopolistically competitive firm. Suppose Burger King's demand increases but its c...
A: The strategy of brand differentiation is intimately linked to monopolistic competition. It's a type ...
Q: 1. If demand is equally elastic, and price increases from 5 to 7, what is the total change? If price...
A: In a market, the elasticity of demand has a significant impact on the total revenue of the firm when...
Q: Consider the game defined by the matrix: P= [-3 1, 4-3] 1. If row player uses strategy R1= [0.4 0.6]...
A: Given information Here player 1 is row player and player 2 is column player
Q: CLASSES OF GAMES Consider the following game in strategic form. bị b2 b3 a1 7,7 4,8 1,9 a2 8,4 5,5 2...
A: When each individual follows their own self-interest, the outcome is worse than if they had both col...
Q: A consumer is faced with the following utility function, U(x1 x2)=(xp1 1+xp2)1/p, where 0<p<1. The c...
A: Utility function : U(x1 , x2 ) = (xp1 1+xp2)1/p Budget Constraint : p1x1 + p2x2 = m Firstly we der...
Q: What can you say about Tax incidence in our country, who carries the burden more? Give examples and ...
A: Taxes are unintended fees placed on individuals or companies and levied by a government agency – reg...
Q: Colleges and universities use such things as grade point averages and standardized test scores as O ...
A: Rationing is a term used in economics to describe the artificial management of commodity supply and ...
Q: If price falls by 49 and income rises by uantity demanded of the service will
A: Price elasticity of demand : The responsiveness quantity demanded to change in its price is called p...
Q: Superiority of Robbins' Definition of economics is rightly called the " Superiority of Robbins' Defi...
A: Answer: Robbins dismantled the old economic structure focused on material welfare and built a new on...
Q: MODIFIED TRUE or FALSE. Write "T" if the given statement is TRUE, correct and valid. Write "F", if o...
A: Note:- Since we can only answer one question at a time, we'll answer first three. Please repost the ...
Q: 3- Given: Y=C+l+G, C=25+0.75Y, I=lo= 50, and G=Go= 25 Find the equilibrium level of income
A: The economies around the globe are involved in various economic and financial activities. The econom...
Q: What are the scale and substitution effects for this firm? Calculate them, and show them on a graph.
A:
Q: Evaluate the following statement "a higher unemployment rate is always a bad indicator for the econo...
A: Employment means the working people get the job when they search for a job. It means the workers are...
Q: 12. A ceramics manufacturer sold cups last year for P7.50 each. Variable costs of manufacturing were...
A: The dollar amount of revenue at which a company earns a profit of zero is referred to as break even ...
Q: Why Is There Inequality?
A: Inequality is defined as the measure which expresses the gap between the rich section of the society...
Q: A monopolist produces an output level Q1 = 200 where marginal revenue is equal to marginal cost. At ...
A: Given; When MR=MC, Q1=200 P1=$300 ATC= $250 • MC=MR at $100.• Marginal revenue is $0 at Q2 = ...
Q: Elya's construction company is charged 150 pesos per ton for hauling its raw materials by ABC trucki...
A: Given that; Elya's construction company is charged 150 pesos per ton for hauling its raw materials b...
Q: Suppose a monopoly sells its goods in two different markets with demand curves Qi = 150 - P and Q2 =...
A: Demand Curve in market 1 : Q1=150-P1 Demand Curve in market 2 : Q2=150-3P2/4 C=6+6Q2+6Q1 Market 1 ...
Q: Which of the following phenomena are common sources of prisoners' dilemmas Select one or more: arms ...
A: Individual motivations are overcome in favour of the collective good in solutions to prisoner's dile...
Q: 25) What costs do firms that shut down in the short run still have to pay? A. marginal cost B. fi...
A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...
Q: show FUll solution! An electronic store that sales transistors pay their lot space P 200k annually....
A: Here, given information is: Fixed cost of electronic store: P 200k Variable cost of transistor per ...
Q: A firm’s average cost (AC) per unit of output depends on the number of hours of skilled labor (S) an...
A: The average cost curve is the Total Cost curve divided by quantity. The average cost curve is U-shap...
Q: Robert wins $5,000,000 at the lottery; however, he is not going to receive the full prize immediatel...
A: To find the present value of future cash inflows, we discount the values of future cash inflows with...
Q: Consider the Nash Bargaining game. There are 2 players who have to decide how to split one dollar. T...
A: A Bargaining Game is defined as a game where two or more players bargain on how to equally divide th...
Q: :On the CVP graph, the intersection between the total costs line and the Y axis represents The margi...
A: The point where the Y line and the fixed cost line meets is the Y-intercept which shows the intercep...
Q: MODIFIED TRUE or FALSE. Write “T” if the given statement is TRUE, correct and valid. Write “F”, if o...
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new que...
Q: Select all that are true reagrding market risk for a bank. Adverse changes in the relative str...
A: In an economy, banks are the financial institutions that deals with the risk associated with the tra...
Q: 4A. Construct a labor market with perfectly inelastic demand that is kinked at wage w*. 4B. Constru...
A: In the labor market, demand curve is downward sloping and supply curve is upward sloping, based on t...
Q: Review absolute and comparative advantages. Personal private property protection allows for greater...
A: Absolute and comparative advantage are two important concepts in the field of international trade.
Q: MIXED STRATEGY NASH EQUILIBRIUM Consider the following game in strategic form. bị b2 a1 18,2 80,60 a...
A: Mixed strategy Nash Equilibrium is when Player 1 chooses his/her strategy with a particular probabil...
Q: Games 2. Consider the following game. Bob R Ann U (2,2) (20,0) D (0,20) (19,19) L a. Find all Nash e...
A: a. Nash Equilibria is a decision-making theorem where a player can achieve the maximum outcome by no...
Q: • Nominal and Real GDP • Nominal GDP is the sum of the quantities of final goods produced times thei...
A: Gross domestic product is teh total market value produced in domestic boundaries in a year . It is t...
Step by step
Solved in 2 steps
- There are various theoretical reasons why economies of scale should occur in the banking industry: 1 Specialization of labour. There is considerable scope for this as cashiers, loan officers, account managers, foreign exchange managers, investment analysts and programmers can all increase their productivity with increased volume of output. 2 Indivisibilities. Banks make use of much computer and telecommunications technology. Larger institutions are able to use better equipment and spread fixed costs more easily. 3 Marketing. Much of this involves fixed costs, in terms of reaching a given size of market; large institutions can again spread these costs more easily. 4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can do this more easily and at lower cost, meaning that they can afford to offer their depositors lower interest rates. There are also reasons why banks should gain from economies of scope; many of their products are related and banks have…There are various theoretical reasons why economies of scale should occur in the banking industry: 1 Specialization of labour. There is considerable scope for this as cashiers, loan officers, account managers, foreign exchange managers, investment analysts and programmers can all increase their productivity with increased volume of output. 2 Indivisibilities. Banks make use of much computer and telecommunications technology. Larger institutions are able to use better equipment and spread fixed costs more easily. 3 Marketing. Much of this involves fixed costs, in terms of reaching a given size of market; large institutions can again spread these costs more easily. 4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can do this more easily and at lower cost, meaning that they can afford to offer their depositors lower interest rates. There are also reasons why banks should gain from economies of scope; many of their products are related and banks have…There are various theoretical reasons why economies of scale should occur in the banking industry: 1 Specialization of labour. There is considerable scope for this as cashiers, loan officers, account managers, foreign exchange managers, investment analysts and programmers can all increase their productivity with increased volume of output. 2 Indivisibilities. Banks make use of much computer and telecommunications technology. Larger institutions are able to use better equipment and spread fixed costs more easily. 3 Marketing. Much of this involves fixed costs, in terms of reaching a given size of market; large institutions can again spread these costs more easily. 4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can do this more easily and at lower cost, meaning that they can afford to offer their depositors lower interest rates. There are also reasons why banks should gain from economies of scope; many of their products are related and banks have…
- There are various theoretical reasons why economies of scale should occur in the banking industry: 1 Specialization of labour. There is considerable scope for this as cashiers, loan officers, account managers, foreign exchange managers, investment analysts and programmers can all increase their productivity with increased volume of output. 2 Indivisibilities. Banks make use of much computer and telecommunications technology. Larger institutions are able to use better equipment and spread fixed costs more easily. 3 Marketing. Much of this involves fixed costs, in terms of reaching a given size of market; large institutions can again spread these costs more easily. 4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can do this more easily and at lower cost, meaning that they can afford to offer their depositors lower interest rates. There are also reasons why banks should gain from economies of scope; many of their products are related and banks have…There are various theoretical reasons why economies of scale should occur in the banking industry: 1 Specialization of labour. There is considerable scope for this as cashiers, loan officers, account managers, foreign exchange managers, investment analysts and programmers can all increase their productivity with increased volume of output. 2 Indivisibilities. Banks make use of much computer and telecommunications technology. Larger institutions are able to use better equipment and spread fixed costs more easily. 3 Marketing. Much of this involves fixed costs, in terms of reaching a given size of market; large institutions can again spread these costs more easily. 4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can do this more easily and at lower cost, meaning that they can afford to offer their depositors lower interest rates. There are also reasons why banks should gain from economies of scope; many of their products are related and banks have…There are various theoretical reasons why economies of scale should occur in the banking industry: 1 Specialization of labour. There is considerable scope for this as cashiers, loan officers, account managers, foreign exchange managers, investment analysts and programmers can all increase their productivity with increased volume of output. 2 Indivisibilities. Banks make use of much computer and telecommunications technology. Larger institutions are able to use better equipment and spread fixed costs more easily. 3 Marketing. Much of this involves fixed costs, in terms of reaching a given size of market; large institutions can again spread these costs more easily. 4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can do this more easily and at lower cost, meaning that they can afford to offer their depositors lower interest rates. There are also reasons why banks should gain from economies of scope; many of their products are related and banks have…
- There are various theoretical reasons why economies of scale should occur in the banking industry: 1 Specialization of labour. There is considerable scope for this as cashiers, loan officers, account managers, foreign exchange managers, investment analysts and programmers can all increase their productivity with increased volume of output. 2 Indivisibilities. Banks make use of much computer and telecommunications technology. Larger institutions are able to use better equipment and spread fixed costs more easily. 3 Marketing. Much of this involves fixed costs, in terms of reaching a given size of market; large institutions can again spread these costs more easily. 4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can do this more easily and at lower cost, meaning that they can afford to offer their depositors lower interest rates. There are also reasons why banks should gain from economies of scope; many of their products are related and banks have…There are various theoretical reasons why economies of scale should occur in the banking industry: 1 Specialization of labour. There is considerable scope for this as cashiers, loan officers, account managers, foreign exchange managers, investment analysts and programmers can all increase their productivity with increased volume of output. 2 Indivisibilities. Banks make use of much computer and telecommunications technology. Larger institutions are able to use better equipment and spread fixed costs more easily. 3 Marketing. Much of this involves fixed costs, in terms of reaching a given size of market; large institutions can again spread these costs more easily. 4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can do this more easily and at lower cost, meaning that they can afford to offer their depositors lower interest rates. There are also reasons why banks should gain from economies of scope; many of their products are related and banks have…There are various theoretical reasons why economies of scale should occur in the banking industry: 1 Specialization of labour. There is considerable scope for this as cashiers, loan officers, account managers, foreign exchange managers, investment analysts and programmers can all increase their productivity with increased volume of output. 2 Indivisibilities. Banks make use of much computer and telecommunications technology. Larger institutions are able to use better equipment and spread fixed costs more easily. 3 Marketing. Much of this involves fixed costs, in terms of reaching a given size of market; large institutions can again spread these costs more easily. 4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can do this more easily and at lower cost, meaning that they can afford to offer their depositors lower interest rates. There are also reasons why banks should gain from economies of scope; many of their products are related and banks have…
- In general, ordinary people only know that bank products and services are limited to conventional savings and loans, even though there are many more. There are many interesting banking products that can be used, including Islamic bank products or Islamic banking products that have not been widely known by the public. Currently, there are several types of Islamic bank products that are tailored to the needs and developments of the times. It should be noted that Islamic banks do not only serve hajj savings or umrah savings, but there are also several other products, including business capital loans. Explain what you know about Islamic productsThere are various theoretical reasons why economies of scale should occur in the bankingindustry:1 Specialization of labour. There is considerable scope for this as cashiers, loan officers,account managers, foreign exchange managers, investment analysts and programmers canall increase their productivity with increased volume of output.2 Indivisibilities. Banks make use of much computer and telecommunicationstechnology. Larger institutions are able to use better equipment and spread fixed costsmore easily.3 Marketing. Much of this involves fixed costs, in terms of reaching a given size ofmarket; large institutions can again spread these costs more easily.4 Financial. Banks have to raise finance, mainly from depositors. Larger banks can dothis more easily and at lower cost, meaning that they can afford to offer their depositorslower interest rates.There are also reasons why banks should gain from economies of scope; many of theirproducts are related and banks have increasingly tried to…Which interest rate serves as a benchmark for lending rates among banks in the interbank market? a) Prime rate b) LIBOR (London Interbank Offered Rate) c) Discount rate d) Federal funds rate